Mathematics · Compound Interest
What will be the compound interest on ₹ 15,625 for 9 months at 16% per annum, compounded quarterly?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹ 1,851
- 2₹ 1,951✓
- 3₹ 1,961
- 4₹ 2,051
Correct answer
₹ 1,951
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